Position management, to put it simply: don’t act like you’re a gambling genius, and don’t act like a Pixiu either.

When it goes up you can’t hold, when it drops you stubbornly keep going, and once you open a futures contract you start fantasizing about getting rich—only to end up feeding all your trading fees to the exchange.
(Danmu: I know the principles, but… forget it.)
Recently, when cross-chain bridges were hacked and oracle pricing went abnormal, a bunch of people kept waiting for “confirmation” until everything went to zero. Anyway, I’m not afraid to hand my life over to someone else.